#BTC Current price: Bitcoin fell below $90,000, hitting a low of $88,200 during the European session.

- Change: It has decreased by 4.89% in the last 24 hours.

- Massive liquidations: 367,500 traders have been eliminated, with total losses of $1.34 billion.

- Hacking at Bybit: The exchange lost $2 billion in BTC after a security breach, causing fear and uncertainty (FUD).

- Holder movements: Traders who held BTC for 6-12 months are realizing profits, moving over 179,000 BTC.

- Regulatory caution: The drop is also related to the wait for the crypto policy report $BTC #TradingCommunity